Jackosen
04-30 10:31
yes..it is red hot sector now
SanDisk Beats but Falls 4% Post-Earnings: Classic Sell the News?
SanDisk (SNDK) delivered above-consensus Q3 revenue and earnings, yet shares dropped 4.42% after hours in a textbook sell-the-news reaction — Seagate's outperformance had already fueled a sustained storage sector rally, raising the bar significantly and pricing in the beat ahead of results. The AI storage demand narrative remains intact. But is SNDK's post-earnings decline a short-term shakeout or an early sign of trend reversal — and would a drop below $1,000 represent a buy signal?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment